Don’t miss the latest developments in business and finance.

F&O WATCH: Nifty 3500 in focus

Image
BS Research Bureau Mumbai
Last Updated : Jan 19 2013 | 9:04 PM IST
OPEN INTEREST                                                          (In million)
Underlying19-Apr18-Apr17-Apr13-Apr12-Apr10-Apr
Nifty49.0947.8047.1346.8947.8146.38
RIL20.4622.2322.9522.6423.7220.90
ACC7.767.087.237.207.797.10
Tata Steel18.5718.0516.9816.7517.1417.40
India Cements24.0424.4224.6224.5825.0822.39
Satyam Computer13.0213.0113.5615.2714.3811.78
Guj Amb Cem54.3252.9154.0052.4552.9952.44
Total1225.041210.091192.381193.321221.131173.01

Strong long OI build up was seen in Kochi Refineries (21%), Essar Oil (13%), IOC (10%), J&K Bank (41%), Dr Reddy (12%), Grasim (14%), GAIL (10%), IOB (14%), NDTV (10%) and Sterlite Ind (13%). The stocks are likely to rally in the coming sessions.

Profit-booking was seen in CNXIT (-7100 shares) and in IT stocks like Infosys (-5%) and TCS (-7%). LIC Housing Finance (-2.18 lakh shares), ONGC (2.90 lakh shares) and Reliance Energy (-3.94 lakh shares), too, witnessed profit-booking as OI have declined.

The cost of carry (CoC) has also turned negative in TCS, and one must avoid going long at current levels.

 

More From This Section

First Published: Apr 20 2006 | 2:58 AM IST

Next Story